72#
Support and Resistence with Ribbon

Levels
trend intraday

Ribbon
with momentum

Submit Timmy

Support and Resistance whit Ribbon
is an idea for intraday trading the purpose of this trading system is find the short trend with levels, ribbon and momentum. The signals that generate this system are based on complex filter
systems, sometimes the senale may be late, but generally it has a good timing of entry into the market.

In other words, this system looks
for the intraday market rhythms.

Time frame 15 min or 30
min.

Currency pairs Malors and
Indicies.

Metatrader 4 indicators for
build this template

Support and resistance
proffesskional tool.

MA ribbon 55 21 moving
averages.

Dibs
(optional).

Exponential moving average 5
period, close.

Aweso0me oscillator defult
setting.

Rules Support and Resistance
with Ribbon

Buy

Price above the level of
Support.

Ribbon blue
bar.

Awesome green
bar.

Price above the exponential moving
averages 5 period, close.

Profit Target 15-25 pips or at next
level of SR.

Stop loss 20-25
pips.

Sell

Price below the level of
Support.

Ribbon red
bar.

Awesome red
bar.

Price below the exponential moving
averages 5 period, close.

Profit Target 15-25 pips or at next
level of SR.

Stop loss 20-25
pips.

In the pictures Support and
Resistence with Ribbon in action.

Support and Resistence with Ribbon

Support and Resistence with Ribbon

Support and Resistence with Ribbon

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